Re: Flat Tax?
So what holes do you think he poked with this article?
The following appears the closest thing to any rebuttal of an actual point which he provided--and it seems awfully weak:
"And if everyone gets a tax cut, where does the money come from? Do you really have to ask? It seems that no amount of recent experience can put a dent in the wonderfully convenient belief that you can raise tax revenues by cutting taxes, because lower taxes inspire people to work longer and think harder, yadda yadda yadda."
Notice that Forbes at least provided some base evidence that cutting taxes has coincided with raised revenue periods (ostensibly through increased production). If I recall correctly, adios has done the same (and perhaps in more detail) on this forum. All Kinsley is doing here is jeering at the notion. Nice rebuttal Mr. Kinsley.
Forbes also calls for scrapping the entire federal tax code in order to, in essence, re-simplify things and largely eliminate the hundreds of billions of dollars that are currently being wasted on implementation and compliance. Kinsley doesn't even try to touch that.
Sorry Andy but you could have compiled a far better rebuttal yourself.
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